The Global Supplements & Nutrition Packaging Market was $23.5 Bn in 2020, and it is expected to reach $39.0 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 4.6% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased awareness among the consumers regarding nutrition, health, and wellness and the increased adoption of immunity-boosting supplements because of the current COVID-19 pandemic will help to accelerate the growth of the market during the forecasted period.
Global Supplements & Nutrition Packaging Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Supplements & Nutrition Packaging Market has been segmented into packaging type, material, and formulation. On the basis of packaging type Global Supplements & Nutrition Packaging Market has been segmented into Primary Packaging (Bottles and Jars, Tins and Cans, Stand-up Pouches, Sachets, and Other Pouches, Blisters and Strips, Rigid Papers), Secondary & Tertiary Packaging (Paperboard, Flexible Paper/Plastic/Metal). On the basis of material, it is segmented into Glass, Plastic (PET, HDPE, PP, Others), Metal, Paper & Cardboard. On the basis of formulation, it has been segmented into Tablets, Capsules & Pills, Powder, Soft Gels, and Liquids.
By Region, Asia Pacific Is Holding The Major Market
The Global Supplements & Nutrition Packaging Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, Asia Pacific Global Supplements & Nutrition Packaging Market is holding the largest market share at present and is estimated to witness high compound annual growth during the forecasted period. high demand for nutrition products and supplements, presence of many processing plants, availability of cheap labor, and raw material are the main factors that has led this region to dominate the market. Besides this North America is going to witness remarkable growth during the forecasted period.
Major Players in Global Supplements & Nutrition Packaging Market
Some of the major players in the Global Supplements & Nutrition Packaging Market include Glenroy, Inc., Comar, LLC., Alpha Packaging, Graham Packaging Company, Gerresheimer AG, ePac Holdings, LLC, Law Print & Packaging Management Ltd., MPS (Moulded Packaging Solutions), OPM Labels, Container and Packaging Supply, Inc., Arizona Nutritional Supplements, LLC., TricorBraun, SKS Bottle and Packaging, Vitakem Packaging, Package enterprises limited.
The Global Supplements & Nutrition Packaging Market Has Been Segmented Into:
Global Supplements & Nutrition Packaging Market, By Packaging
Global Supplements & Nutrition Packaging Market, By Material
Global Supplements & Nutrition Packaging Market, By Formulation
Global Supplements & Nutrition Packaging Market, By Region
Customization options available to meet your custom research requirements :